Total assets under management (AUM) at Guaranty Trust Pension Managers, a subsidiary of Guaranty Trust Holding Company (GTCO) Plc, has crossed ₦180 billion in the first six months of 2026, propelled by recurring inflows across retirement savings account (RSA) and approved existing scheme (AES).
Rising RSA contributions provide a more stable foundation for long-term AUM accretion as the company continues to take advantage of the country’s rising young population who are being employed.
The pension manager’s AUM actually increased by 25.14 percent to ₦189 billion as at June 2026 from ₦151.0 billion as at June 2025.
RSA makes up 68 percent of the total AUM figure, while AES is 32 percent of the remaining as the impressive performance positions the company to earn more fees given the less volatile nature of fees earned by pension fund administrator’s (PFA) in Nigeria.
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The pension fund manager’s profit before tax stood at ₦927.80 million, which is 3.09 percent higher than 2025’s ₦900.20 million.
Operating income was up 9.72 percent to ₦2.14 billion in the period under review from ₦1.95 billion as at June 2025.
“Strong and sustained business growth has translated into robust operating income and PBT expansion, supported by recurring contributions, client retention and GTPM’s ability to leverage the Group’s disciplined approach to cost management and operating efficiency,” said GTCO pension managers.
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